The New Real Estate Math: 1 + 1 = 1 1/2

  • May 21, 1982
  • • Written by: Samuel Zell
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Spring/Summer 1982, Vol 7, No 1

Abstract: Slow growth, high interest rates and a deflationary tone to the real estate markets are perceived for the industry within the next ten years. The author focuses on the “crisis in the user’s ability to pay,” as occupancy and construction costs escalate. Economic survival is shown to depend on major modifications in underlying assumptions and new courses.

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    Samuel Zell

    Samuel Zell is the founder and principal stockholder of Equity Financial and Management Company in Chicago, where he is primarily responsible for negotiation, financing new ventures and long-term planning. His involvement in real estate covers varied forms of property ownership, management and financing. He has previously been published in Real Estate Issues, and is a frequent contributor to Real Estate review.

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